The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1887-11-02
Stocks Begin With / Dull and Generally
Heavy Market, GOuld's Dealing.
The Bears Take Advantage Of the Finaneisf's
Absence to Begin War.
The Close R1thsr Heavy at sSlght Recession
hOn the Opening.
Bonds Dull and steady-Eastern Ex-
.changes-Produce and Provisions
Local OuOtAtiOns-Bar Silver.

NEW YORK, October 31.-Money on call easy
So to 5 per cent; closed offered at per cent;
prime mercantile paper, 6gS per cent; sterling
exchange dull but firm at 1919 for 60 day bills
and 4S5 for demand. The total sales of stocks
to-day were 2o5,l77 shares, including Delaware,
Laokawanna and Western. 6,425; Erie, 300;
Kansas ard Texas, 1855; Missouri Pacific,
IS, ass; Northwestern, $50; Pacific Mail, $3.50;
Reading 50, $50; st. Paul, 2S 800; Union Pacific,
4,122; Western Union l4.7l0.
NEW YORK October S1.-The stock market
began the new week with dun and generally
heavy market in which the Gould stocks were
the center of interest and the greatest superiOrs
in decline. Rumors were current before the
opening OF business that the bear party had
prepared grand attack upon the properties
known as the Gould stocks, taking advantage
OF the departure OF their namesake to make an
impression upon the general market. There
was little appearance of anything of the kind
in the early. dealings, but later, Missouri Pa
cifc and Kansas and Texas were attacked, and
the former broke over 4 points. the general
list however, which were not affected by the
special causes, which rendered their stocks
vulnerable. showed undertone straight through
the day, and little impression was made upon
ii and that did not come till quite late in the day
In the hunt Tor weak spots, however, the bears
lit upon the Pacific mail and bros e its price
nearly per cent. ostensib.y because oil the re-
ported sailing of a steamer rom San Francisco
on a new Spanish line and the reduction of
rates TO the Pacific coast. The general list re-
sponded to these breaks, though the losses were
for insignificant amounts only. The opening
was quiet, but strong at advances over Satur-
davis final prices OF from I TO 6 per cent,
Kansas and Texas showing most improvement
The first sales were made at declining prices,
but the losses were soon made up
excepting in the Gould stocks. An
other decline was followed by fuller recovery,
and in the afternoon the market became ex.
tremeIy dull but the attack upon Pacific Mail
Infused a little more life into the list, though
it was az expense OF quotations The lowest
prices were de in the last hour, and the close
was rather heavy at slight recession as a gen
eral thing from first prices. Most stocks are
lower tonight, though the losses are confined
to small fractions only. except Missouri Pacific,
which los; &c, Pacific Mail PC, Kansas ana
Texas &c, Manitoba and Hooking Coal are each
1c higher.
Bsilroe bonds were dull and barely steady,
State DC .ds were dull and steady.
Eastern Exchanges.
CHI, AGO, October Shank clearings to-
day re COO. New York Exchange was
quo 4 25c discount to par. Money rates re-
mai steady at 74S yer cent on the general
run Of business loans, with now and then a bet
teI CURE made to favored customers. Current
re 5 are firmly held.
LEW YORK, October 3l.-Bank elesrings to-
c Y S77, 659, l26. Balances S4,l9S,354.
BOSTON, October S1.-Bank clearings to-day
tl27gS, sos; balances 81, 7l605S. Money per cent.
Exchange on New York par to sc discount;
For the month-Clearings, SSSS, no. 1853; balances,
S42, 359, 33S.
PHILADELPHIA, October 31.-Bank elearings
to-day were So, $40, 407; balances 81, 267,43i.
BALTIMORE, October 31.-The bank clearingS
to-day were S2.355, $50; balances S2S1, 500.
ST. LOUIS, october SL-The bank clearlngs
to-day were s., IA, S96: balances S326. 957. Ex-
change on New York 90c discount.
ClearinRs for this month were S4 1855, 03l
balances S., S93, 779.
Clesrings for last month s69, S22 1885, balances
sl0,694,509.
Foreign Exchanges.
PARIS, October 3l.-Three per cent. reutes
SIT SIC for the account.
ANTWERP, october S1.-Petroeum 16f paid;
1911 sellers.
LONDON, october SIT p. m.-Bar silver
As l5-l6d per ounce.